CA. Rahul Dwivedi
26 January 2020 at 22:00

ITC on capital goods

Dear sir,
Can we avail ITC on capital goods immediately after purchase or we have to avail it in 60 months. Kindly Advice


deepak
26 January 2020 at 21:43

Aggregate turnover defination

Interstate purchase and intrastate purchase are included under defination of aggregate turnover or not??


Kishan Kumar Gupta
26 January 2020 at 21:35

Fixed travelling allowance exempt or not

Said fixed travelling allowance is paid to process servers in court to perform his duty


Kishan Kumar Gupta

Travelling allowance is paid to employees to perform duty


Mriganka Moni Das
26 January 2020 at 20:01

Liability of practitioner

Suppose there is a situation where a hotel owner did not pay the gst collected from last one year,now the corporate clients cannot claim ITC as gst is not paid by the hotel owner n his gst is blocked,now he refuses to pay as he has a plan to shut down his hotel in next two months,what will be the liability of the gst practitioner in this case as owner is not paying gst despite of repeated advice by practitioner


Karan Khurana
26 January 2020 at 18:28

Capital Gain Mutual Fund

Can any tell me capital gain on redemption of mutual fund calculated on Average cost basis or FIFO basis


Jaswinder singh

Sir/madam,
if any composition scheme retailer surrenders gst no. and receives order of cancellation within due time then, will liable to submit Final return within 3 months?


BUDDHA DEB DAS
26 January 2020 at 14:24

Income Tax

My question is ,one pension holder's income cross the taxable limit like pension and other source of income e.g.Interest income from Interest on F.D. His net tax payable is 42,000 approx after deduction of 80D,has no LIC etc under section 80C during A.Y 2020-21.How he paid the Income Tax by self assessment tax or advance tax.Please let me know at the earliest.
Thanks,
Buddha deb Das


Ninad
26 January 2020 at 14:19

GST TAX Rates

Hello Experts,

My current company import vehicle items but the same are charged @ 28% GST however , when the same goods are sold in the local market the goods are sold @ 18% GST. How can we manage the same in Tally. Because when the ledger is created in Tally we would create the at 28% but while selling we are required to charge 18%. How can we sort the same?


Burjese Dubash
26 January 2020 at 12:13

How to disclose

In current F.Y 2018-19 I had incurred expense on Outdoor Catering Service amounting to 2.5 lakhs and GST paid by me at 5% with official receipt. I'm salaried and I would like to know where to show this expense incurred at the time of filing ITR. Am I supposed or liable to pay any other tax. Please advise.
Thank you